The Energy Transition Accelerator Framework is announced by the United States and its partners.
An innovative carbon finance platform designed to catalyze private capital to support ambitious just energy transition strategies in developing and emerging economies was presented...
SMBC Acquires 20% Stake in Yes Bank, Becomes Largest Shareholder
Sumitomo Mitsui Banking Corporation (SMBC), a big bank from Japan, has bought a 20% share in Yes Bank, an Indian private bank. SMBC bought...
NCIB Criticizes HDFC Bank Over Agent Misconduct, Says Bank Equally Responsible
NCIB Strongly criticized HDFC bank over a viral audio clip in which a woman is allegedly verbally abusing a CRPF (Central Reserve Police Force)...
RBI Returns Jana Small Finance Bank’s Universal Bank Application Over Eligibility Shortfall
Jana Small Finance Bank (Jana SFB) had applied to the Reserve Bank of India (RBI) to become a universal bank like larger banks such...
All Digital Loans Have to Comply with New Norms by Nov 30 said RBI
As per RBI's announcement on Friday, regulated entities involved in credit delivery through digital lending have until November 30 to comply with the new...
RBI Imposes ₹61.95 Lakh Penalty on Kotak Mahindra Bank for Regulatory Non-Compliance
The Reserve Bank of India (RBI) fined Kotak Mahindra Bank ₹61.95 lakh because the bank did not fully follow some banking rules. During an...
World economy is dangerously close to recession, World Bank President warns
The world economy is perilously close to entering a recession, according to World Bank President David Malpass, who also asked for targeted assistance for...
₹2,434 Crore Loan Fraud: PNB Alerts RBI on SREI Promoters
Late on Friday evening, December 26, 2025, PNB informed the Reserve Bank of India (RBI) that it detected a loan fraud of ₹2,434 crore....
UP Tax Department Slaps ₹3.3 Crore GST Penalty on Yes Bank
Yes Bank has been fined ₹3.30 crore by the Uttar Pradesh GST department. This fine is related to GST matters for the financial year...
China’s Central Bank Buys Gold for 10th Consecutive Month in August
China’s central bank (called the People’s Bank of China) bought more gold in August, marking 10 months in a row of adding to its...